Soft commodity markets

This artist rendering released by Live Nation shows the set up for Live Nation's “Live from the Drive-In,” concert series taking place July 10-12. (Live Nation via AP)
June 22, 2020 - 12:26 pm
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Monday related to the national and global response, the work place and the spread of the virus. ________________________ CASH BURN: Live to see another day has become a...
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This April 28, 2020 file photo shows the Pilgrim's Pride plant in Cold Spring. Minn. A federal grand jury has charged four current and former chicken company executives with price-fixing. The U.S. Department of Justice says the executives from Colorado-based Pilgrim’s Pride and Georgia-based Claxton Poulrty conspired to fix prices and rig bids for broiler chickens from at least 2012 to 2017.(Dave Schwarz/St. Cloud Times via AP)
June 03, 2020 - 5:35 pm
WHEAT RIDGE, Colo. (AP) — The CEO of Pilgrim's Pride is one of four current and former chicken company executives indicted Wednesday on charges of price-fixing. The U.S. Department of Justice said a federal grand jury in Colorado found that executives from Greeley, Colorado-based Pilgrim’s Pride...
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May 05, 2020 - 5:38 pm
BELLE PLAINE, Kan. (AP) — The attorneys general for 11 Midwestern states urged the Justice Department on Tuesday to pursue a federal investigation into market concentration and potential price fixing by meatpackers in the cattle industry during the coronavirus pandemic. In a letter to U.S. Attorney...
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FILE - In this April 17, 2020 file photo, the sun sets behind an array of pump jacks outside Midland, Texas. The near shutdown of the economy in response to COVID-19 has reduced demand for oil, lumber and other commodities, sending their prices sharply lower.  Energy has borne the brunt of the selling, with the price of U.S. oil for May delivery plunging last week below zero for the first time. (Eli Hartman/Odessa American via AP)
April 30, 2020 - 11:15 am
LOS ANGELES (AP) — The near shutdown of the economy in response to COVID-19 has reduced demand for commodities like oil, lumber and copper and triggered sharp drops in their prices, but some analysts predict the stage is set for a rebound. Energy has borne the brunt of the selling as cars stay...
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In this Friday, April 17, 2020, photo, Chris Petersen looks at a Berkshire hog in a pen on his farm near Clear Lake, Iowa. COVID-19, the disease caused by the coronavirus, has created problems for all meat producers, but pork farmers have been hit especially hard. (AP Photo/Charlie Neibergall)
April 21, 2020 - 8:30 am
DES MOINES, Iowa (AP) — After enduring extended trade disputes and worker shortages, U.S. hog farmers were poised to finally hit it big this year with expectations of climbing prices amid soaring domestic and foreign demand. Instead, restaurant closures due to the coronavirus have contributed to an...
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Amid concerns of the spread of COVID-19, Belia Alvarado wipes the meat counter display at El Rancho grocery store in Dallas, Monday, April 13, 2020. (AP Photo/LM Otero)
April 13, 2020 - 7:13 pm
OMAHA, Neb. (AP) — Some massive meat processing plants have closed at least temporarily because their workers were sickened by the new coronavirus, raising concerns that there could soon be shortages of beef, pork and poultry in supermarkets. The meat supply chain is especially vulnerable since...
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In this photo released by the official website of the Office of the Iranian Presidency, cabinet members wearing face masks and gloves attend their meeting in Tehran, Iran, Wednesday, March 18, 2020. For most people, the new coronavirus causes only mild or moderate symptoms. For some it can cause more severe illness. (Office of the Iranian Presidency via AP)
March 18, 2020 - 4:05 pm
TEHRAN (AP) — Iran on Wednesday reported its single biggest jump in fatalities from the coronavirus as another 147 people died, raising the country's overall death toll to 1,135. The nearly 15% spike in deaths — amid a total of 17,361 confirmed cases in Iran — marks the biggest 24-hour rise in...
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In this photo taken March 6, 2020, Dionisio Romero, owner of a dragon fruit farm checks that the plants are free of some pests at his estate La Voluntad de Dios in El Progreso, Ecuador. As the coronavirus wreaks economic havoc worldwide, the farmer has watched demand for his fruit plummet and prices drop to astonishing lows, wiping away much of the profit he might normally expect. (AP Photo/Marcos Pin)
March 11, 2020 - 1:37 pm
PROGRESO, Ecuador (AP) — For years, Dionisio Romero has relied for his livelihood on a magenta-colored dragon fruit that is wildly popular in Asia, planting dozens of the spindly trees at his farm near Ecuador’s Pacific coast. But as the coronavirus wreaks economic havoc worldwide, the 72-year-old...
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Investors monitor stock prices at a brokerage in Beijing Thursday, Jan. 16, 2020. Share prices are mixed in moderate trading in Asia after the U.S. and China signed a preliminary trade agreement that investors hope will bring better relations between the two biggest economies. (AP Photo/Ng Han Guan)
January 16, 2020 - 7:03 am
BEIJING (AP) — China’s government welcomed an interim trade deal with Washington and said Thursday the two sides need to address each other’s “core concerns.” The “Phase 1” agreement shows Beijing and Washington “can find appropriate and effective solutions to relevant issues through dialogue,”...
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People shop for meat a supermarket in Handan in northern China's Hebei Province, Thursday, Jan. 9, 2020. Soaring pork prices that nearly doubled in December over a year ago kept inflation at a seven-year high despite government efforts to ease meat shortages caused by a disease outbreak, official data showed Thursday. (Chinatopix via AP)
January 09, 2020 - 2:28 am
BEIJING (AP) — Soaring pork prices that nearly doubled in December over a year ago kept inflation at a seven-year high despite government efforts to ease meat shortages caused by a disease outbreak, official data showed Thursday. Surging inflation adds to challenges for communist leaders who are...
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